Saturday, November 18, 2017

Dumb and Dumber GOP Tax Edition. PEOPLE'S ACTION.

House votes to make YOU pay for a massive tax cut for wealthy

Trump and the GOP promised to cut cut cut and boy do they mean it. But it's not you or I who will benefit.

Thanks to Paul Ryan and the House GOP, millions of working and middle class families will pay MORE taxes to stuff the pockets of the rich and big corporations. This is a big holiday gift to their donors.

The tax bill is health care repeal in reverse. First, they cut taxes for big corporations and billionaires. Then they slash Medicare by $470 billion, Medicaid and other health programs by $1.3 trillion over the next ten years. They are taking lifesaving medicine from children and the elderly to make more money than they can ever spend.

This could be the largest wealth transfer -- from working people to the ultra wealthy -- in American history. This dwarfs the tax cuts of Reagan and George W. Bush, neither of which led to real economic growth. Instead they stuck us with the bill.